New Mexico

New Mexico

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Housing Cost Burden by Income Group

Renter households spending more than 30% of their income on housing costs and utilities are cost burdened; those spending more than half of their income are severely cost burdened.

Affordable and Available Homes per 100 Renter Households

All Gap Data for New Mexico

New Mexico
Extremely Low Income Households and Available Rentals
Extremely Low Income Renter Households 65,113
Affordable and Available Rental Homes 26,643
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -38,470
At or below 50% AMI -52,409
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 41
At or below 50% AMI 48
At or below 80% AMI 86
At or below 100% AMI 96
% of Renter Households with Cost Burden
At Extremely Low Income 80
Extremely Low Income to 50% AMI 80
51% to 80% AMI 51
81 to 100% AMI 27
% of Renter Households with Severe Cost Burden
At Extremely Low Income 68
ELI to 50% AMI 39
51% to 80% AMI 13
81 to 100% AMI 3

AMI = Area Median Income.
Source: American Community Survey (ACS) and ACS Public Use Microdata Sample (PUMS). For more information on the estimates’ margin of error, please contact [email protected].